HSBC is named after its founding member, The Hongkong and Shanghai Banking Corporation Limited, which was established in 1865 to finance the growing trade between Europe, India and China. HSBC’s presence in the UAE dates back to 1946 when the bank, initially called the British Bank of Iran and the Middle East, opened its doors to the merchants and citizens of the Emirates. Following its withdrawal from Iran, the bank was renamed the British Bank of The Middle East (BBME). In 1959 BBME was acquired by The Hong Kong and Shanghai Banking Corporation. The bank played a key role in the establishment of a banking sector across the MENA region.
Reporting Year:
Overall
Responsible Banking
Responsible Investing
Sustainable Products
ESG Disclosure
Sustainable Capital Markets

HSBC

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Data not reported

N/A : Not Applicable
  2022 2021 2020 2019
Responsible Banking

Commitment to integrate ESG factors in credit analysis (Yes/No) Has your bank made a public commitment to integrate ESG factors in credit analysis?

    Yes Yes

Lending targeted at key sectors with a net environmental impact (Million USD) What is the amount of lending targeted at key sectors with a net environmental impact?

    6,100 6,200

Lending targeted at key sectors with a net social impact (Million USD) What is the amount of lending targeted at key sectors with a net social impact?

       

Percentage of loans subjected to ESG screening (%) What is the percentage of loans subjected to ESG screening?

       

Responsible banking policy (Yes/No) Does your bank disclose a formal responsible banking policy that covers Environmental, Social, and Governance risks?

    Yes Yes

Signatory to the Equator Principles (EP) (Yes/No) Is your bank a signatory to the Equator Principles?

    Yes Yes

Signatory to the Principles for Responsible Banking (Yes/No) Is your bank a signatory to the Principles for Responsible Banking?

    Yes No

SME loans as a percentage of total lending (%) What is the percentage of SME loans relative to total lending?

       

Target for financing green projects (Yes/No) Does your organisation have a target set for financing green projects?

    Yes Yes

Target for financing social projects (Yes/No) Does your organisation have a target set for financing social projects?

    Yes Yes
Responsible Investing

Commitment to integrate ESG factors in investment decisions (Yes/No) Does your organisation publicly disclose a commitment to integrate ESG factors in investment decisions?

    Yes Yes

Dedicated ESG management committee (Yes/No) Does your organisation have a dedicated ESG management committee responsible for the oversight of ESG implementation?

    Yes Yes

Engagement with investee to promote ESG disclosure (Yes/No) Does your organisation publicly outline its ESG engagement approach?

    Yes Yes

ESG investment approach (Yes/No) Does your organisation publicly outline its ESG investment approach?

    Yes Yes

Outline overall approach to climate-related risks (Yes/No) Does your organisation publicly outline its overall approach to climate-related risks?

    Yes Yes

Responsible investment policy (Yes/No) Does your organisation publicly disclose a responsible investment policy?

    Yes Yes

Signatory to the Principles for Responsible Investment (PRI) (Yes/No) Is your organisation a signatory to the Principles for Responsible Investment (PRI)?

    Yes Yes

Specialised ESG/Impact/Thematic investment products/funds (Yes/No) Does your organisation offer specialised/labelled ESG/Impact/Thematic funds?

    No No

Total amount of assets under management (AUM) that incorporate ESG considerations (Million USD) What is the amount of assets under management (AUM) that incorporate ESG considerations?

       

Total amount of assets under management (AUM) that incorporate Sharia screening considerations (Million USD) What is the amount of assets under management (AUM) that incorporate Sharia screening considerations?

       
Sustainable Products

GHG emissions avoided annually from green financed projects (Tons) What are the estimated GHG emissions avoided annually from green financed projects (Tons)?

       

Number of Green/Social/Sustainability/SDGs bonds issued What is the number of Green/ Social/ Sustainability/ SDGs bonds issued by your organisation?

    2 6

Total amount of green bonds proceeds (Million USD) What is the total amount of green bonds proceeds?

    3,511 2,283

Total amount of Green bonds proceeds allocated to green buildings projects (Million USD) What is the total amount of Green bonds proceeds allocated to green buildings?

    77 112

Total amount of Green bonds proceeds allocated to renewable energy projects (Million USD) What is the total amount of Green bonds proceeds allocated to renewable energy projects?

    888 471

Total amount of Green bonds proceeds allocated to sustainable water and wastewater management projects (Million USD) What is the total amount of Green bonds proceeds allocated to sustainable water and wastewater management projects?

    8 7

Total amount of Green/Social/Sustainability bonds proceeds allocated in the MENA region (Million USD) What is the total amount of Green/ Social/ Sustainability Bonds/ Sukuks proceeds allocated in the MENA region?

    766 562

Total amount of Green/Social/Sustainability bonds proceeds allocated in the UAE (Million USD) What is the total amount of Green/ Social/ Sustainability Bonds/ Sukuks proceeds allocated in the UAE?

    204  

Total amount of Green/Sustainability-linked loans issuance (Million USD) What is your organisation's total issuance amount of Green/Sustainability-linked loans?

       

Total amount of Social/ Sustainability/SDGs bonds proceeds (Million USD) What is your organisation's total issuance amount of Green/ Social/ Sustainability/ SDG bonds

    264 1,120
ESG Disclosure

Community investment as a percentage of pre-tax profit (%) What is your organisation's annual community investment amount as a percentage of pre-tax profit?

       

Energy intensity (GJ/employee) What is your organisation's annual total direct energy consumption per employee?

    15.64 17.20

ESG risks are reviewed at the board level (Yes/No) Are ESG risks reviewed at the board level?

       

GHG intensity (Tons/employee) What is your organisation's total annual amount, in CO2 equivalents, for Scope 1, Scope 2 emission per employee?

    1.76 2.26

Percentage of women at the board level (%) What is the percentage of women at the board level?

    43 36

Percentage of women in management positions (%) What is the percentage of women in management positions?

    30 29

Percentage of women in the workforce (%) What is the percentage of women in the workforce?

    52 52

Sustainability Report (Yes/No) Does your organisation publish a Sustainability Report and/ or Integrated Report?

    Yes Yes

Training hours per employee (Hours/employee) What is the annual ratio of training hours per employee?

    22.50 26.98

Turnover rate (%) What is the annual voluntary turnover rate?

    8 11
Sustainable Capital Markets

Deploys ESG related training (Yes/No) Does your organisation deploy ESG related training?

    N / A N / A

Facilitates listing of Green/Sustainable Financial Instruments (Yes/No) Does your organisation issue guidance for listing of Green/ Sustainable Financial Instruments?

    N / A N / A

Issues voluntary guidance on ESG reporting (Yes/No) Does your organisation provide guidance on ESG reporting for listed companies?

    N / A N / A

Number of listed sustainability reporters What is the number of listed companies that have issued a GRI based sustainability report?

    N / A N / A

Partner to the Sustainable Stock Exchanges initiative (Yes/No) Is your organisation a partner member to the Sustainable Stock Exchanges Initiative?

    N / A N / A

Promotes gender equality (Yes/No) Does your organisation promote gender equality through regulatory requirements?

    N / A N / A

Promotes SDGs in Capital Markets (Yes/No) Does your organisation promote SDGs in capital markets?

    N / A N / A

Requires ESG reporting as a listing rule (Yes/No) Does your organisation mandate ESG reporting as a listing rule?

    N / A N / A

Size of Green/Social/Sustainability Bonds/Sukuk listed on the exchange (Million USD) What is the size of Green/ Social/ Sustainable Bonds/ Sukuk listed in your exchange?

    N / A N / A

Supports the development of ESG indices (Yes/No) Has your organisation issued any ESG indices?

    N / A N / A